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Well, if Artus is right, the benefit that has been generally postulated on this site (exchange-rate depression helping German exports) is not that important, since their exports exhibit a great degree of price inflexibility (if that's the term). So where, indeed, is the overwhelming benefit of the Euro for the Germans?

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Thu Nov 28th, 2013 at 03:31:05 AM EST
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